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cashman casino for pcAutomobile travel time between Hong Kong and the gaming enclave has been slashed from four hours to just 45 minutes.The DSEC says visitors originating from Hong Kong surged 9.3 percent during the month. (Image: Facebook)According to financial statistics from the New Jersey Division of Gaming Enforcement (DGE), the June introductions of Hard Rock and Ocean Resort reveal that oversaturation concerns might be justified.While gross gambling revenue (GGR) is up this year, gross operating profits (GOO) continue to decline. Fellow Marina District casino Golden Nugget was one of just two Atlantic City casinos to report a gain (+6.6 percent), which was driven by strong online gaming win. restaurants in kansas star casino(Image: Anthony Kwan/Bloomberg)The Macau Statistics and Census Service (DSEC) reports that overnight visitors totaled 1,549,891, an increase of 5.4 percent, and same-day visitation totaled a little more than 1.6 million people, a 13.2 percent increase.The latter is a result of the October opening of the billion Hong Kong-Zhuhai-Macau Bridge (HGZM), a 34-mile expanse across the Pearl River Delta. “On a positive note, compared to last year, over 6,300 more people were working in the industry, and there were nearly 5,400 more full-time jobs.”The profits decline comes amid the gaming industry reporting higher net revenue (9.9 million, +17.8 percent). Its next closest competitor is Harrah’s at .9 million.Borgata continues to dominate Atlantic City, but it appears the openings of the two Boardwalk properties are not doing MGM any favors, as Borgata’s operating profits fell nearly 22 percent.Hdesert diamond casino and hotel dtasarrah’s reported a 5.6 percent profit drop. nearest casino and hotel

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harrah s casino dreb codeMacau was busier in October 2018 than in the same month last year, as total visitation grew 9.2 percent to more than 3.15 million people.Macau is no longer an isolated enclave following the opening of the Hong Kong bridge, and that has more people visiting the Cotai Strip and properties such as Wynn Palace. (Image: Anthony Kwan/Bloomberg)The Macau Statistics and Census Service (DSEC) reports that overnight visitors totaled 1,549,891, an increase of 5.4 percent, and same-day visitation totaled a little more than 1.6 million people, a 13.2 percent increase.The latter is a result of the October opening of the billion Hong Kong-Zhuhai-Macau Bridge (HGZM), a 34-mile expanse across the Pearl River Delta. Automobile travel time between Hong Kong and the gaming enclave has been slashed from four hours to just 45 minutes.The DSEC says visitors originating from Hong Kong surged 9.3 percent during the month. free slot games igtMacau was busier in October 2018 than in the same month last year, as total visitation grew 9.2 percent to more than 3.15 million people.Macau is no longer an isolated enclave following the opening of the Hong Kong bridge, and that has more people visiting the Cotai Strip and properties such as Wynn Palace. Levenson Institute of Gaming, Hospitality & Tourism.The nine casinos reported an 88.2 percent hotel occupancy rate for its 15,100 rooms in Q3.Bally’s posted a 0.5 percent increase.Caesars fell 2.5 percent, Resorts 14.7 percent, and Tropicana 31.1 percent.Saturated CompetitionThe critical question facing Atlantic City: can the town support nine casinos? The answer depends on who you ask.Former Bally’s executive Wayne Schaffel is of the opinion that unless gaming revenue grows “at least 15 percent, somebody’s not going to make it.” Others believe Atlantic City is undergoing a renaissance of sorts to lessen its dependency on gaming.Stockton University Hospitality and Tourism Management Professor Brian Tyrrell says added competition “puts pressure on the existing businesses to upgrade their product.”Investopedia writes of market saturation, “When a company operates in a saturated market, there are a few concepts and strategies that they can use to stand out, remain solvent, and possibly even increase sales. casino extreme mobile

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foxwoods casino hotel discount code“On a positive note, compared to last year, over 6,300 more people were working in the industry, and there were nearly 5,400 more full-time jobs.”The profits decline comes amid the gaming industry reporting higher net revenue (9.9 million, +17.8 percent). In a saturated market, a company’s product or service offering has to be more innovative than that of its competitors to entice customers to buy.”Analysts believe putting pressure on Atlantic City’s casino operators to invest in making the town attractive to a wider demographic will create an environment capable of supporting nine gaming floors.“Sustaindesert diamond casino and hotel dtased growth in the lodging segment demonstrates the resilience of Atlantic City as it continues its transformation from a gaming-centric market to a multifaceted destination resort,” said Rummy Pandit, executive director of the Stockton University Lloyd D. Atlantic City casinos enjoyed a busy summer, but profits declined. Levenson Institute of Gaming, Hospitality & Tourism.The nine casinos reported an 88.2 percent hotel occupancy rate for its 15,100 rooms in Q3.017. (Image: Facebook)According to financial statistics from the New Jersey Division of Gaming Enforcement (DGE), the June introductions of Hard Rock and Ocean Resort reveal that oversaturation concerns might be justified.While gross gambling revenue (GGR) is up this year, gross operating profits (GOO) continue to decline. free online poker with other players